Dilution from where? I posted my calculations on c

Dilution from where? I posted my calculations on conversions from iScam below. Iconic should be done. After you read below, please elaborate on the dilution because I don't think it's dilution. I think there is heavy manipulation going on. The numbers and filings don't lie my friend.


J & N has a conversion floor of .10, so it cannot be them.

Quote:

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J&N Invest LLC - On August 24, 2015, the Company entered into an unsecured Note Payable Agreement with an investor for which the Company issued a$50,000 Convertible Note Payable, which accrues interest at a rate of 5% per annum and matures on August 31, 2016. The Lender may also convert all or a portionof the Note Payable at any time into shares of common stock at a price of $0.10 per share. As the market price of the stock on the date of issuance was $0.23, the Company recognized a debt discount at the date of issuance in the amount of $50,000 related to the fair value of the beneficial conversion feature. The discount will be amortized over the life of the note. The balance of the unamortized note discount was $32,181 at December 27, 2015 The Company amortized $24,787 of the discount during the thirty-nine weeks ended September 25, 2016. The unamortized discount at June 26, 2016 was $7,327

http://www.otcmarkets.com/edgar/GetFilingPdf?...D=11726653

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